Private power producer Tata Power reported a net profit of Rs 611 crore, witnessing a marginal decline in profit on a year-on-year basis. Even as expenses for the company rose higher than revenue from operations, the company gained from deferred tax benefits.

The government's policy think tank NITI Aayog has installed an Exicom fast charging station for electric vehicles (EV) at the organisation's office in New Delhi. Nitin Gadkari, Minister for Road Transport & Highways, Shipping and Water Resources, River Development and Ganga Rejuvenation said EVs can substitute imports (of crude oil) and are cost effective as well as pollution-free.

Several agencies and institutions of state and central governments have requested the Telangana State Electricity Regulatory Commission (TSERC) to a cut in retail power supply tariff proposed by the two distribution companies (discoms) for 2018-19, which retained the current year tariff, stating that it is comparably high.

Adani Power's bid to set up a special economic zone (SEZ) for the power sector in Jharkhand has met with rejection. The commerce ministry has rejected the proposal entailing an investment of Rs 15,002 crore given that the bid was not in line with the sectoral guidelines, according to sources.